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ASTARTA Holding N.V.

ASTARTA Holding N.V.

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Publicatie datum 04 sep 2012 - 12:00
Statutaire naam ASTARTA Holding N.V.
Titel European Bank for Reconstruction and Development finances ASTARTA’s bio-gas projects
Bericht A senior loan of up to US$ 12 million with 7 years tenor will be aimed at construction of biogas production plant at Globino sugar factory (Poltava oblast). A newly-built plant will process 120,000 tonnes of beet pulp every year and yield around 14.4 million cubic meters of bio-gas, which will lower current annual natural gas consumption at the factory almost by 50%. Also it will provide for reduce of water consumption by 10 % and reduction of Green House Gas emissions of around 15,000 tonnes of CO2 during the first year and 35,000 tonnes in subsequent years. This credit will become fifth EBRD transaction with Astarta aimed on the realization of the energy efficiency program at Astarta’s facilities.